DBD Strategy Daily - GLOBAL MACRO : the week to come
It is striking that the Dollar is trying to strengthen as Commodities are overbought and bonds oversold (in the US). Equities are in a medium term consolidation. The indices that used to be weak are now leading the recovery, where as those that were strong are in difficulty. This sort of rotation is confirming the consolidation. The short-term is therefore going to remain very undecided this week.
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